Supercharge Your Trading With Cfds

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Supercharge Your Trading With Cfds

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  1. Know what you are trading

    Posted by Janene Murdoch on 25th Jun 2009

    CFD – an agreement to exchange the difference between the entry and exit price of the contract.

    CFD’s were introduced to Australia in 2002 and have become a popular form of trading, giving unprecedented access to all markets.

    All CFD books have basically the same information contained in them, and once explained in detail the concept of CFD’s is relatively simple. The reason “Supercharge Your Trading With CFD’s” is the “Educated Investor” book shops preferred reference book on the subject, is because Jeff’s writing is clear and logically set out, perfectly readable even to a novice investor. His writing is unbiased and gives you the sense that the aim of the book is education, rather than self promotion, or a product to sell. One of the books great strengths is its focus on risk management, something that is vital for all traders, novice or experienced.

    As with all trading, no matter what market, your own psychology will have an enormous impact on your decision making. As an experienced trader, who has gone through the emotions of winning and losing, Jeff deals with this topic in great detail. This book also equips you with a comprehensive set of strategies from which you can choose what best suits your situation.

    Finally, the book will help you decide if CFD’s are the right trading vehicle for you, a small price to pay for such a big decision.

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